Guatemala: Market for Goat Or Kid Hides And Skins 2019

Market Size for Goat Or Kid Hides And Skins in Guatemala

The revenue of the goat hides and skins market in Guatemala amounted to $X in 2018, waning by -X% against the previous year. Overall, the total market indicated significant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, goat hides and skins consumption increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Guatemala goat hides and skins consumption peaked at $X in 2017, and then declined slightly in the following year.

Production of Goat Or Kid Hides And Skins in Guatemala

In value terms, goat hides and skins production totaled $X in 2018 estimated in export prices. In general, the total output indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, goat hides and skins production increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, goat hides and skins production attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Exports of Goat Or Kid Hides And Skins

Exports by Country

In 2018, Japan (X tons), distantly followed by Australia (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Rwanda (X tons) and Sudan (X tons) were the main exporters of goat or kid hides and skins, together comprising X% of total exports. Poland (X tons), the U.S. (X tons), Senegal (X tons), Greece (X tons), Spain (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to goat hides and skins exports from Japan stood at -X%. At the same time, Rwanda (+X%), Sudan (+X%), Senegal (+X%), Vietnam (+X%), Poland (+X%), the U.S. (+X%) and Greece (+X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Spain and Australia experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Vietnam, Rwanda, Sudan, Poland, Senegal and the U.S. increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while China, Hong Kong SAR (-X p.p.), Italy (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Japan ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Among the main exporting countries, Vietnam recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The goat hides and skins export price in Guatemala stood at $X per ton in 2018, approximately equating the previous year. In general, the goat hides and skins export price continues to indicate a relatively flat trend pattern. Guatemala export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Imports of Goat Or Kid Hides And Skins

Imports into Guatemala

In 2018, approx. X kg of goat or kid hides and skins were imported into Guatemala; jumping by X% against the previous year. In general, goat hides and skins imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, goat hides and skins imports attained their maximum at X tons in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, goat hides and skins imports stood at $X in 2018. In general, goat hides and skins imports continue to indicate measured growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, goat hides and skins imports attained their peak figure at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

Taiwan, Chinese (X tons) and China (X tons) represented the key importers of goat or kid hides and skins in 2018, resulting at approx. X% and X% of total imports, respectively. Turkey (X tons) ranks next in terms of the total imports with a X% share, followed by Italy (X%). Nigeria (X tons), Pakistan (X tons), India (X tons), Japan (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), Spain (X tons) and Namibia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest goat hides and skins importing markets into Guatemala were Japan ($X), Taiwan, Chinese ($X) and China ($X), together comprising X% of total imports. Vietnam, Italy, Pakistan, Nigeria, Spain, Turkey, India, China, Hong Kong SAR, Namibia and Guatemala lagged somewhat behind, together comprising a further X the main importing countries, Nigeria (+X% per year) experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the goat hides and skins import price in Guatemala amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the goat hides and skins import price continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Guatemala import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform